Gold got beaten like a red-headed stepchild since peaking on Feb. 20. Has the yellow metal has lost its glitter?
The market seems to think so. It’s acting like we’re never going to have inflation again. Ha!
Here is the truth …
Gold is headed substantially higher … to over $5,000 an ounce in the years ahead. I am 100% confident about this!
Gold’s oversold now, but that shouldn’t last long. In fact, it looks like it just put in a short-term bottom …
AFTER making a longer-term bottom last August.
The next rally could become a surge as shorts cover. Get ready to ride the stampede!
I’ve long recommended my readers hold a small part of their overall portfolio in physical bullion.
A simple way to do this — apart from taking physical delivery of gold bars and coins — is via the Sprott Physical Gold Trust (PHYS).
And for even more upside? GOLD STOCKS.
The VanEck Vectors Gold Miners ETF (GDX) is the easiest way to stake a claim.
But select miners will outperform the averages … like the one I recommended to my Wealth Supercycle subscribers in January. That’s Kirkland Lake Gold (NYSE: KL).
This company is a beast! It’s raising production … expanding reserves … lowering costs … exploring “high-potential” targets … and just raised its dividend by 33%.
And its earnings grew 95% in 2018!
They’re projected to rise 19% in 2019 and 28% in 2020. That’s IF the price of gold stays the same. I believe gold is going A LOT HIGHER.
I predict this company will produce more than 1 MILLION OUNCES per year by 2021.
And then there are the grades available in their mines: upward of 39.7 grams of gold per ton in the fourth quarter. Criminy! That’s awesome.
This stock has been coiling up for a breakout, while the rest of the sector has slumped.
All Kirkland Lake needs is a higher gold price to trigger a blast-off.
I’ve spent my career traveling far and wide, seeking gold mining stocks with huge potential.
And the best part is I get to make my subscribers LOTS of profits along the way.
Last month, for example, they banked gains of 10.6% on Royal Gold (Nasdaq: RGLD) and 25.99% on AES Corp. (NYSE: AES). This month, I recommended they bank double-digit gains on Agnico Eagle Mines (NYSE: AEM).
These are just the latest in a string of gains. With the closing of these trades, they banked nine gains in a row!
Get your $9 trial membership in Wealth Supercycle here.
All the best,
Sean
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And Neal D., who followed my cannabis stock recommendations, contacted me separately, writing “My cannabis portfolio is up $109,000 in just four weeks.”
Whether you’ve got a stake in this fast-growing sector or not, I urge you to sign up for my Urgent Cannabis Briefing. That’s because the profits so far have been great. But the upside is BETTER. And I don’t want you to miss another potentially explosive profit opportunity.
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